61494 Barclay DrWashingtonMI48094
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Washington at 61494 Barclay Dr, Washington, MI, 48094 offers a 6.7% rental yield on a $1,090,000 purchase with $6,085/mo rent. 4% in year one. Equity gained on principal adds $7,034/yr while 5% annual appreciation supports $301,147 over five years. Portfolio math shows five-year ROI at 84.57% and total cumulative return in cash at $298,668. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,085/mo property income against a $5,335/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
0.30 Acres lot
$N/A/sqft
$775 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48094, Washington, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,429 (100%) |
| Owner Occupied HU | 6,873 (81.5%) |
| Renter Occupied HU | 1,262 (15.0%) |
| Vacant Housing Units | 294 ( 3.5%) |
| Median Home Value | $424,158 |
| Average Home Value | $437,504 |
Housing Distribution
Address Breakdown
Residential
8,653
Single Family
7,588
Multi-Family
1,065
Businesses
429
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Listed by: Teri Robertson • Century 21 Professionals
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50167902
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